Tanger
288 hedge funds and large institutions have $1.95B invested in Tanger in 2019 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 94 increasing their positions, 99 reducing their positions, and 40 closing their positions.
6% more capital invested
Capital invested by funds: $1.83B → $1.95B (+$118M)
2.42% more ownership
Funds ownership: 96.63% → 99.04% (+2.4%)
1% less funds holding
Funds holding: 290 → 288 (-2)
3% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 40
5% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 99
71% less call options, than puts
Call options by funds: $12.7M | Put options by funds: $44.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$48.2M |
| 2 |
TA
Teachers Advisors
New York
|
+$15.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.8M |
| 4 |
Renaissance Technologies
New York
|
+$11.1M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$20M |
| 2 |
FIM
Foresters Investment Management
New York
|
-$18.1M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$9.42M |
| 4 |
Morgan Stanley
New York
|
-$6.91M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$5.77M |
SKT Hedge Fund Activity: Q1 2019 in Review
288 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q1 2019, worth a combined $1.95B — up 6.4% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of SKT and 39 opened new positions — a net loss of 1 holder — while 99 trimmed existing stakes and 94 added.
The largest buyer was State Street, adding an estimated $48.2M. The largest seller was Millennium Management, cutting an estimated $20M.
- 288 institutional investors held Tanger (SKT) as of Q1 2019, down from 290 in Q4 2018.
- Funds reported $1.95B of Tanger stock for Q1 2019, up 6.4% quarter-over-quarter.
- 39 funds opened new Tanger positions in Q1 2019 and 40 closed out, a net change of -1 holder.
- The largest Tanger buyer in Q1 2019 was State Street, an estimated $48.2M added.
- The largest Tanger seller in Q1 2019 was Millennium Management, an estimated $20M sold.
Based on aggregated 13F filings for Q1 2019.